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CALC orders 50 A320neo aircraft Great endorsement for the world’s favourite A320 Family aircraft

CALC orders 50 A320neo aircraft

Great endorsement for the world’s favourite A320 Family aircraft

Bangkok4 January 2018 – CALC (China Aircraft Leasing Group Holdings Limited), a full value-chain aircraft solutions provider for global airlines, has signed a firm order for 50 A320neo Family aircraft. This latest incremental order brings CALC’s total order book to date to around 200 Airbus single aisle aircraft.

Mr. Mike POON, Chief Executive Officer of CALC, said, “We are proud to augment our fleet by adding 50 in-demand A320neo jetliners that have outstanding fuel efficiency, reliability and passenger comfort. Since CALC’s inception, we have maintained a close and dynamic relationship with Airbus, and the commitment marks yet another endorsement of our mutual trust. This bulk purchase will significantly expand CALC’s fleet portfolio and further solidify our position as a full value-chain aircraft solutions provider. Currently majority of our fleet comes from direct purchase from manufacturers and that will remain the major source of our new aircraft.”

“We are very happy with this repeat order by CALC. It is once more a great endorsement for our leading A320 Family aircraft. With unbeatable fuel efficiency and lowest operating costs, it is the best match for CALC’s customers. Thanks to the widest single-aisle cabin in the skies the A320neo passengers will enjoy the best in class comfort,” said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.

The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 15 percent fuel savings at delivery and 20 percent by 2020. With more than 5,800 orders received from 98 customers, the A320neo Family has captured nearly 60 percent share of the market.

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About Airbus

Airbus is a global leader in aeronautics, space and related services. In 2016 it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats and business aviation products. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world’s leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

About CALC

China Aircraft Leasing Group Holdings Limited (“CALC”), a one-stop aircraft full life-cycle solutions provider for global airlines, is listed on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”) (Stock code: 01848.HK). The businesses and subsidiaries of the Group are involved in two main business areas comprising new aircraft leasing and used aircraft recycling and disassembling. CALC’s scope of business includes regular operations such as aircraft operating leasing, purchase and leaseback, and structured financing, as well as value-added services such as fleet planning, fleet replacement package deals, aircraft disassembling and component sales. CALC is currently the largest aircraft operating lessor in China.

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